Ontario Widens Eligibility for Tariff Relief in Response to New US Trade Measures

Ontario is expanding eligibility for two tariff-relief programs in a bid to support businesses affected by new U.S. tariffs and import bans set to take effect this week and later this month. The province announced on Sept. 10 that it is broadening access to the Protect Ontario Financing Program (POFP) and the Ontario Together Trade […]

Ontario Widens Eligibility for Tariff Relief in Response to New US Trade Measures

TL;DR

  • Ontario is expanding eligibility for the Protect Ontario Financing Program (POFP) and the Ontario Together Trade Fund (OTTF).
  • These programs aim to support businesses affected by new U.S. tariffs and import bans.
  • The POFP provides $1 billion in loans for costs such as payroll and lease payments.
  • The OTTF offers $150 million in grants or loans to help businesses expand interprovincial trade and reshore supply chains.